19118 — Philadelphia County, Pennsylvania Market Snapshot
Housing market data for zip code 19118 in Philadelphia County, Pennsylvania. Updated monthly with median prices, days on market, and more.
Market Sales Data
16 sales in 2026 (year to date)
Median Sale Price
$1,662,500
Days to Sell
27
Homes Sold
16
Inventory
10
Sale-to-List
102.4%
New Listings
22
Price/SqFt
$408
Pending Sales
17
Jumbo Loan Likely Needed
The median home in 19118 at $1,662,500 exceeds the 2026 conforming loan limit of $832,750 by $829,750. Most buyers here will need jumbo loans, which typically require higher credit scores, larger down payments, and come with different rate pricing.
Market Insights
Market Temperature
Homes in 19118 are moving quickly at 27 days on market, indicating healthy buyer demand. Well-priced homes are likely seeing multiple offers.
Sale-to-List Ratio
Homes in 19118 are selling 2.4% above asking price on average, signaling strong competition. Buyers should budget above list price.
Conforming Loan Feasibility
The median home in 19118 at $1,662,500 exceeds the 2026 conforming loan limit of $832,750 by $829,750. Most buyers here will need jumbo loans, which typically require higher credit scores, larger down payments, and come with different rate pricing.
Loan limits in 19118 are set at the county level.
2026 Loan Limits — Philadelphia County
| Property Units | Conforming Limit | FHA Limit |
|---|---|---|
| 1 Unit | $832,750 | $630,200 |
| 2 Units | $1,066,250 | $806,750 |
| 3 Units | $1,288,800 | $975,200 |
| 4 Units | $1,601,750 | $1,211,950 |
Affordability Snapshot — Zip 19118
To purchase the median home at $1,662,500 with 5% down at today's rate of 6.75%, the estimated monthly payment is approximately $12,888.
Monthly Payment
$12,888
Income Required
$552,324
Principal & Interest
$10,244/mo
Down Payment (5%)
$83,125
Based on 30-year fixed at 6.75%, 1.8% property tax, $1,800/yr insurance, 28% DTI guideline.
Mortgage Calculator
Estimate your monthly payment for a home in 19118.
Estimated Monthly Payment
$10,439
Jumbo loan required. Loan amount exceeds the $832,750 conforming limit for 19118.
Connect with a LoanGraphs Loan Officer
Get expert guidance for zip code 19118. Tell us what you're looking for.